Just got my monogram stamp thingy in the mail today! It comes with 4 circle borders, a large alpha and a set of small alphas so you can make all kinds of monogram combos!
Go check out Emily Giovanni's post about it: http://emilygiovanni.com/?p=1895
I love it!! I have been going back & forth as to ordering one, but the more I see items done with it the more I need one!! Something else to add to my stash! TFS.